Anbang may have been under pressure to divest from the U.S., but it still turned a profit — Mirae will pay $5.8B, $300M more than Anbang paid Blackstone, the WSJ reports. The Korean firm outbid major players such as Brookfield Asset Management, SoftBank and GIC, Singapore's sovereign wealth fund.

Now the WSJ reports the deal was delayed by as much as a month after Anbang discovered that some of the properties involved had been fraudulently transferred to an anonymous LLC. In one instance, an LLC named Shr Holding Group transferred the Montage Laguna Beach to an entity called Andy Bang LLC, according to California property records.

The same individual was reportedly responsible for all of the transfers, which affected the Westin St. Francis and the Four Seasons Silicon Valley in East Palo Alto, among other California properties. How the maneuvering attempted to profit from the fraudulent deeds is unclear.